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We've Fixed Wall St, Now It's Turn Of Main St: Author

Thursday, 2 Jun 2011 | 3:25 AM ET

"Coming out of the crisis of 2008, the US government pumped in trillions of dollars to re-equitize the banks and were hoping it would trickle down to the greater economy as a whole and one thing it's done is re-equitize the banks and they're paying huge bonuses to their employees again, but to the wider economy beyond the Hudson, it's really not trickling down in an effective way," William D Cohan author of 'Money and Power: How Goldman Came to Rule the World', told CNBC Thursday in a discussion on the US banking sector.